EU should adopt common cryptocurrency rules, report for ministers says

By Francesco Guarascio and Peter Maushagen BRUSSELS, Sept 4 (Reuters) – The European Union should adopt common rules on cryptocurrencies and scrutinise how new digital units are distributed to investors and subsequently traded, according to a report prepared for EU finance ministers. In the report, the Brussels-based think tank Bruegel argues for EU-level regulation of …

China bans financial, payment institutions from cryptocurrency…

inspsearchapi.com BEIJING, May 18 (Reuters) – China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading. It was China’s latest attempt to clamp down on what was a burgeoning digital trading market. Under the ban, such institutions, including banks and online payments channels, …

UPDATE 5-Musk's Tesla electrifies bitcoin with $1.5 bln bet, car…

By Subrat Patnaik, Anna Irrera and David Randall Feb 8 (Reuters) – Bitcoin took another large stride toward mainstream acceptance on Monday after billionaire Elon Musk’s electric vehicle company Tesla Inc revealed it had purchased $1.5 billion of the cryptocurrency and would soon accept it as a form of payment. The announcements, buried deep in …

Bitcoin plunges 14 per cent from record highs amid China blackout

Bitcoin fell by as much as 14 per cent to $51,541 on Sunday amid unconfirmed Twitter speculation that the US Treasury may crack down on money laundering that’s carried out through cryptocurrency. The selloff meant the cryptocurrency reversed most of the big gains it made over the past week.  The latest dip meant it was trading …

FOREX-Dollar rally pauses as Fed plays calm hand on inflation surprise

By Hideyuki Sano TOKYO, May 14 (Reuters) – The dollar took a breather on Friday but looks set to post weekly gains against a basket of currencies as investors weighed the risk of U.S. inflation rising faster than expected and prodding the Federal Reserve to hike interest rates sooner. A strong reading on U.S. wholesale …

EU should adopt common cryptocurrency rules, report for ministers says

By Francesco Guarascio and Peter Maushagen BRUSSELS, Sept 4 (Reuters) – The European Union should adopt common rules on cryptocurrencies and scrutinise how new digital units are distributed to investors and subsequently traded, according to a report prepared for EU finance ministers. In the report, the Brussels-based think tank Bruegel argues for EU-level regulation of …

Bitcoin has rallied after plunging below the $40,000 mark for the first time in more than three months, as Tesla boss Elon Musk insists the company will not sell any of its holdings in the cryptocurrency

Bitcoin has rallied after plunging below the $40,000 mark for the first time in more than three months, as Tesla boss Elon Musk insists the company will not sell any of its holdings in the cryptocurrency. Despite the turbulence, celebrities and others who bought in early are still up big – but small investors who …

Bitcoin has rallied after plunging below the $40,000 mark for the first time in more than three months, as Tesla boss Elon Musk insists the company will not sell any of its holdings in the cryptocurrency

Bitcoin has rallied after plunging below the $40,000 mark for the first time in more than three months, as Tesla boss Elon Musk insists the company will not sell any of its holdings in the cryptocurrency. Despite the turbulence, celebrities and others who bought in early are still up big – but small investors who …

Bitcoin plunges 14 per cent from record highs amid China blackout

Bitcoin fell by as much as 14 per cent to $51,541 on Sunday amid unconfirmed Twitter speculation that the US Treasury may crack down on money laundering that’s carried out through cryptocurrency. The selloff meant the cryptocurrency reversed most of the big gains it made over the past week.  The latest dip meant it was trading …

Bitcoin has rallied after plunging below the $40,000 mark for the first time in more than three months, as Tesla boss Elon Musk insists the company will not sell any of its holdings in the cryptocurrency

Bitcoin has rallied after plunging below the $40,000 mark for the first time in more than three months, as Tesla boss Elon Musk insists the company will not sell any of its holdings in the cryptocurrency. Despite the turbulence, celebrities and others who bought in early are still up big – but small investors who …